The Lady Boss: Women in Entrepreneurship and Procurement

702 WordsJan 29, 20183 Pages
The Lady Boss: Women In Entrepreneurship and Procurement Women entrepreneurs are making their mark in entrepreneurship. According to facts from the National Women’s Business Council, women-owned firms are growing and are continuing to help in employing people. Women are also becoming active in the entrepreneurship world and they contribute their different style compared to men entrepreneurs. Some women entrepreneurs are confident to thrive in a male-dominated industry while other women entrepreneurs cater to other women and their concerns, needs and wants. In both aspects, women play the game and they have the chance to be successful. Women are slowly taking the path of entrepreneurship and most often make the transit from employer or housewife to a full-fledged entrepreneur in their own right. And such opportunities are not denied to them. The SBA and the WOSB The woman entrepreneur can have a lot of help in creating and building her business. The foremost help can be from the Small Business Administration (SBA). The agency created a program, the Woman Owned Small Business or WOSB, to help women entrepreneurs in terms of procurement and purchasing. The government, with the WOSB program, helps women and their businesses by setting aside and giving them federal contracts. Businesses that qualify are characterized as business owned and run by female entrepreneurs. The program also has its own certification called Woman Owned Small Business (WOSB) program certification. The
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